2023 AED to MAD Historical Review

YEARLY HIGH

2.8632 MAD

YEARLY LOW

2.6156 MAD

YEARLY AVERAGE

2.7566 MAD

2023 AED to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.8632. Conversely, the yearly low was recorded on July 16, dropping to 2.6156.

This high-to-low spread represents a total annual volatility of 0.2476 MAD. From a start-to-finish perspective, comparing the January average rate of 2.7860 to the December average rate of 2.7342, the exchange rate registered a net change of -1.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.8632 was down 5.31% compared to the 2022 peak of 3.0238, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AED based on timing:

Yearly Peak High 14,316 MAD

2022 Average 13,830 MAD

Yearly Trough Low 13,078 MAD

Transaction Impact: A difference of 1,237.88 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.8282

2.6351

JanuMarcMayJulySeptNove

AED to MAD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.7748, compared to 2.7383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0365 points.

H1 Avg (Jan–Jun) 2.7748

H2 Avg (Jul–Dec) 2.7383

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.1393 MAD (High: 2.7698 / Low: 2.6304). On the other end, September was the most stable month, with a tight range of 0.0463 MAD (High: 2.8107 / Low: 2.7644).

August Spread (Volatile) ±0.1393

September Spread (Stable) ±0.0463

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0847 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0847

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.7860) against the same month in 2022 (average: 2.5293), the exchange rate shifted by +0.2567 (+10.15%).

2023 Avg (January) 2.7860

2022 Avg (January) 2.5293

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8632	2.7377	2.7860
February	2.8372	2.7608	2.8045
March	2.8485	2.7791	2.8121
April	2.7847	2.6970	2.7582
May	2.7888	2.7150	2.7523
June	2.7775	2.6945	2.7359
July	2.6945	2.6156	2.6512
August	2.7698	2.6304	2.6956
September	2.8107	2.7644	2.7857
October	2.8226	2.7739	2.7969
November	2.8040	2.7338	2.7662
December	2.7737	2.6803	2.7342